Evercore analyst Duane Pfennigwerth maintains $Hilton Worldwide (HLT.US)$ with a hold rating, and maintains the target price at $240.
According to TipRanks data, the analyst has a success rate of 46.6% and a total average return of -0.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Hilton Worldwide (HLT.US)$'s main analysts recently are as follows:
The macroeconomic environment has presented some challenges for Hilton, having a slight impact on the forecasted revenue per available room growth leading up to 2025.
Hilton's recent financial results exceeded expectations for Q3 EBITDA and earnings, although RevPAR figures were not as strong, and the guidance for Q4 was below consensus. This situation may cause investors in lodging C-corporations to take a momentary step back. Despite a deceleration in RevPAR, Hilton's steady unit growth prospects and the group booking outlook for 2025 and 2026 offer a degree of reassurance to investors.
The firm observed that Hilton's RevPAR growth of 1.4% fell short of the guided 2-3% due to a combination of factors including the calendar, regional performance variations across the US and Asia-Pacific, weather conditions, labor issues, and the situation in China.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
